IoT Platforms Market Top Key Player Analysis - Microsoft, Google, IBM, Intel, SAP, Oracle, Amazon, Telit, General Electric, Gemalto, Zebra Technologies & More

MarketStudyReport.com adds a new Global IoT Platforms Market Analysis & Forecast 2018-2023 focuses on the major drivers and restraints for the global key players providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.

Scope of the Report:
This report focuses on the global IoT Platforms market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, types and applications.

An IoT platform means cloud-based and on premise software packages and related services that enable and support sophisticated IoT services. Speak specifically, An IoT platform combines several software functions into one solution to enable companies to develop and deploy Internet of Things solutions faster, better and cheaper.

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PTC (ThingWorx), Cisco (Jasper) and Microsoft captured the top three revenue share spots in the IoT Platforms market in 2016. PTC (ThingWorx) dominated with 7.92% revenue share, followed by Cisco (Jasper) with 7.44% revenue share and Microsoft with 4.77% revenue share.

Despite the presence of competition problems, due to the clear global recovery trend, investors are still optimistic about this area, increasingly complex IoT solutions require more advanced communication platforms and middleware that facilitate seamless integration of devices, networks and applications. There is a wide range of software platforms developed for the purpose of supporting and enabling IoT solutions. The intention is to enable rapid development and lower costs by offering standardised components that can be shared across multiple solutions in many industry verticals, in future still more new investment will enter into the field. Technology and cost are two major problems.

The global IoT Platforms market is valued at 1340 million in 2017 and is expected to reach 6110 million by the end of 2023, growing at a CAGR of 28.8% between 2017 and 2023.

The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of IoT Platforms.

Europe also play important roles in global market, with market size of xx million in 2017 and will be xx million in 2023, with a CAGR of xx%.

Market Segment by Manufacturers, this report covers:
PTC (ThingWorx), Cisco (Jasper), Microsoft, Google, IBM, Intel, SAP, Oracle, Amazon, Telit, General Electric, Gemalto, Zebra Technologies, AT&T, Xively (LogMeIn), Aeris, Exosite, Particle, Ayla Networks, Relayr, Bosch Software Innovations, Teezle.

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Market Segment by Regions, regional analysis covers:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers:
Consumer IoT
Business IoT

Market Segment by Applications, can be divided into:
Home Automation
Wearable Technology
Smart City
Industrial Automation
Connected Transportation
Healthcare
Others

More Report At: https://empowerednews.net/author/gminsights/

Related Report:

2017-2022 North America IoT Platforms Market Report

In 2016, the North America IoT Platforms market size was xx million USD and it will reach xx million USD in 2022, with a CAGR of xx% between 2016 and 2022.

https://www.marketstudyreport.com/reports/2017-2022-north-america-iot-platforms-market-report/?utm_source=RR-PSR

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This release was published on openPR.